ASX / MEDIA RELEASE - VRS
21 April 2021
Share Purchase Plan Closure
Veris Limited (VRS:ASX) ("the Group") is pleased to announce the closure of its Share Purchase Plan on 16 April 2021 ("SPP"). Veris advises that the Company received applications under the SPP for 5,771,416 shares at an issue price of $0.07 per share, raising $404,000.
The additional capital raised under the SPP, coupled with the proceeds from the recently completed Placement to institutional and sophisticated shareholders, will be used to provide a platform for further growth and value realisation for both Veris Australia and Aqura Technologies, including investment in the latest technology and the expansion of both Veris' and Aqura's "As-a-Service" models, whilst also supporting general balance strengthening.
Shares issued under the SPP will rank equally with existing Shares on issue.
A total of 5,771,416 fully paid ordinary shares will be issued on Thursday 22 April with holding statements to be despatched shortly thereafter.
Shareholders with questions in relation to the SPP may contact Veris' share registry, Computershare Investor Services Pty Ltd, on 1300 552 270 or +61 3 9415 4000 at any time between 8.30am and 5.30pm AEST Monday to Friday (excluding public holidays).
This announcement was authorised by the Board of Veris Ltd.
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About Veris Limited
Veris Australia is Australia's leading and largest surveying, digital & spatial and planning business. It works across the infrastructure, property, resources, defence, utilities and government sectors.
Aqura Technologies complements the accomplished existing spatial solution capabilities of the Veris Australia segment with highly specialised ICT and communications services, offering industry-leading technology solutions to the industrial communications sector for application in the resources, commercial, utilities, defence, health and education sectors.
Veris Limited is the Group's holding company that is listed on the ASX under the code VRS.
Issued by Veris Limited
For further information please contact:
Veris Corporate Office - Telephone: (08) 9317 0628
Corporate | |||
Level 12, 3 Hasler Road | T 08 9317 0600 | Veris Australia Pty Ltd | Aqura Technologies Pty Ltd |
Locked Bag 9 | veris.com.au | ABN 53 615 735 727 | ABN 34 128 703 248 |
Osborne Park | aqura.com.au | ||
WA 6017 |
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Veris Limited published this content on 21 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2021 08:43:02 UTC.